The best time to fortify your home against severe weather is well before a blizzard, tropical storm, flood or hurricane threatens. Spending a few extra dollars on simple things like cleaning gutters and fixing water drainage spouts could minimize the effects of a major weather event. In contrast, deferred maintenance can lead to a larger bill for storm-related damage.
If you don’t have the cash to pay for weatherization and your extreme weather season is around the corner, knowing your home improvement loan options ahead of time will keep you from scrambling to prep.
Key Bankrate insights about extreme weather
- In the past 10 years, 57% of Americans have incurred costs due to extreme weather events, according to Bankrate’s Extreme Weather Survey.
- Among American homeowners, nearly 1 in 5 (19%) have taken on debt to pay for maintenance or other unexpected homeownership costs, according to Bankrate’s Unexpected Costs of Homeownership Survey.
- Only 24 percent of American homeowners have savings …